Kp. Rath, EXISTENCE AND UPPER HEMICONTINUITY OF EQUILIBRIUM DISTRIBUTIONS OF ANONYMOUS GAMES WITH DISCONTINUOUS PAYOFFS, Journal of mathematical economics, 26(3), 1996, pp. 305-324
Citations number
17
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics,"Mathematical, Methods, Social Sciences",Mathematics
This paper deals with large anonymous games with compact metric action
spaces and payoff functions which are upper semicontinuous but not ne
cessarily lower semicontinuous. Under the supremum norm topology on th
e space of payoff functions and a tightness assumption on the game, th
e existence of Nash equilibrium distributions and the closed graph pro
perty of the equilibrium distribution correspondence are proved. rf th
e space of payoff functions is given the hypotopology instead, then eq
uilibrium distributions exist, but the equilibrium distribution corres
pondence may not have a closed graph.